Diamond View. Your joking right?
Would you not be happy with getting half of YRR for a few leases?
How much cash do you really think YRR could afford to pay out?
They can't raise $30m in cash as who is there on the shareholders list that will cough up the money?
Better to be issued $30m in script and get around half of YRR. Not very good for current holders, except maybe Aust. Uranium s/holders who were given 39.2m shares and options for the Money Shoal lease, so didn't actually outlay any money.
By the way D.Scook was a Director of Australian Uranium which got 39.2m shares and options in YRR recently and is also an alternate Director of Cabe. Come to think of it, wasn't he also a large shareholder of Desert Resources which got 450m shares and options in GPN for Peak Hill leases, which GPN then did a j/v on with AGU, which has P.Taylor as Director who is also a Director of Cabe, which are getting 85m shares and options in YRR for a few leases. I'm getting dizzy, lol
Cabe address is 70 Aberdeen St
Grand Enterpises is the same
Cabe postal address is PO Box 1093 Nedlands
Grand Enterprises is the same
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